Paras Defence and Space Technologies Limited has announced that it has secured a substantial order valued at approximately Rs. 35.68 crores (including GST) from the Ministry of Defence, Government of India. The order pertains to the supply of Portable Counter-Drone Systems (PCDS), which are essential for enhancing security against drone threats. This development was disclosed in compliance with the Securities and Exchange Board of India (SEBI) regulations, demonstrating the company’s commitment to transparency and regulatory adherence.

The contract marks a significant milestone for Paras Defence, as it underscores the growing demand for advanced anti-drone technology in India’s defense sector. The order will be executed by May 2026, reflecting the government’s initiative to bolster national security through innovative technological solutions. As a domestic entity, this contract highlights the importance of local firms in meeting the defense requirements of the country, thereby promoting self-reliance in defense manufacturing.

This recent order strengthens Paras Defence's position in the defense landscape and aligns with the government's push for indigenization in defense procurement. With no reported conflicts of interest or related party transactions, the transaction appears to be a straightforward contract aimed at fulfilling critical defense needs. As the company moves forward with its execution plans, this order is expected to positively impact its financial performance and bolster investor confidence in the firm’s future growth prospects.